The Finance Ministry will sell 15 billion baht worth of savings bonds with coupon rates up to 3% next month. The minimum purchase is 1,000 baht with no limit on the maximum, said Suwit Rojanavanich, director of the Public Debt Management Office. The issuance, the second in the current 2017 fiscal year, offers longer maturities -- 2.35% for five-year notes and 3% for 10-year ones. The new bonds can be bought at Bangkok Bank, Krungthai Bank, Kasikornbank and Siam Commercial Bank. Eligible buyers are Thai individuals, those with domiciles in Thailand, the Red Cross, foundations, temples, hospitals or non-profit organisations.

Source: Bangkok Post April 24, 2017 07:41 UTC